Our focus for today's episode is the topic of structured products and we welcome two expert guests to weigh in with their research and insight on the subject. Felix Fattinger is an Assistant Professor of Finance at the Vienna Graduate School of Finance whose research focuses on complexity from a number of perspectives. Petra Vokata is an Assistant Professor of Finance at Ohio State University, currently working in areas of household finance, financial innovation, and consumer financial protection. Both Felix and Petra offer some amazing takeaways for retail investors, deftly balancing the data with their ability to read it and implement the lessons we should learn about structured products. We then welcome Jill Schlesinger back to the show to talk about her new book, The Great Money Reset. We hear from her about the process of writing the book, her aims for its publications, and the main questions it can help individuals answer.    Key Points From This Episode:   Felix talks about his interest in complexity and how to understand the three different types of structured products. (0:07:23) The definition of headline rates and their relationship to expected returns. (0:18:23) Laying out the biggest lessons from Felix's research; price competition regulation, expected returns, and simulating portfolios. (0:32:21) Petra shares her reasons for researching structured products and what she focuses on. (0:40:36) The doubts Petra has about YEPs, the evolution of their fee structure, and estimating their expected returns. (0:49:02) The YEP index and how it can help investors mitigate certain issues. (1:02:42) Actions by banks that increase headline rates of return and how this relates to expected returns. (1:06:56) Unpacking the biggest lesson from Petra's research about understanding fees and payoff. (1:10:12) A 60-second recap of Jill Schlesinger's previous episode with us. (1:14:53) Explaining the idea of the 'great money reset' and why Jill's latest book was so much easier to write than her first one. (1:17:22) Jill shares the five steps to go through before a reset and expands on the important considerations. (1:21:33) Tips for negotiating with your boss and final thoughts on approaching a financial reset. (1:32:04) Today's after-show; recent time off, listener reviews, community and event updates, and a song from RootHub. (1:41:22)   Links From Today’s Episode:   Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Felix Fattinger — https://www.wu.ac.at/en/finance/people/faculty/felix-fattinger-1/ Petra Vokata — https://petravokata.com/ Petra Vokata on Twitter — https://twitter.com/vokataa Jill Schlesinger — https://www.jillonmoney.com/ Jill Schlesinger on Twitter — https://twitter.com/jillonmoney The Great Money Reset — https://www.amazon.com/Great-Money-Reset-Change-Wealth-ebook/dp/B09Y44ZJXT Episode 67 with Jill Schlesinger — https://rationalreminder.ca/podcast/67 Jill on Money Podcast — https://www.jillonmoney.com/podcasts The Dumb Things Smart People Do with Their Money — https://www.amazon.com/Things-Smart-People-Their-Money/dp/0525622179 Neil Pearson — https://giesbusiness.illinois.edu/profile/neil-pearson Episode 236 with Harold Geller — https://rationalreminder.ca/podcast/236 Episode 102 with Brian Portnoy — https://rationalreminder.ca/podcast/102 Future Proof — https://futureproof.advisorcircle.com/ The Most Hated F-Word Podcast — https://themosthatedfword.com/ RootHub — https://www.roothub.com/ Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on Twitter — https://twitter.com/RationalRemind Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — [email protected] Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/